AFLAC INC (AFL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AFL - US0010551028 - Common Stock
Taking everything into account, AFL scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AFL is only an average performer.
AFL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 109.95, a Stop Loss order could be placed below this zone.
More info and screens
98.77
When analyzing the support we can see 3 important areas.
- A support zone ranging from 108.51 to 109.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 104.11 to 105.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 99.77 to 100.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 110.28 to 110.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @112.45 from a horizontal line in the daily time frame.
- A resistance zone ranging from 114.34 to 115.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AFL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AFL is neutral. |
| ChartMill Relative Strength | 49.42 | NEUTRAL | AFL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AFL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AFL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AFL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.43 | NEUTRAL | The RSI value for AFL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests AFL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51 | NEUTRAL | The Stochastics value for AFL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for AFL suggests low volalility. |
| Average Directional Index/ADX (14) | 9.42 | NEGATIVE | The low ADX value for AFL suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 110.65 | 108.58 | 2.07 (1.87%) | 25.00% |
| An entry @110.65. This is a Buy Stop order right above the resistance zone. | An exit @108.58. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.07 points, which is 1.87%. | For a 0.47% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AFL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
110.26
+0.07 (+0.06%)
AFLAC INC / AFL FAQ
What is the ChartMill technical rating of AFLAC INC (AFL) stock?
ChartMill assigns a technical rating of 6 / 10 to AFL.
Can you provide the trend direction for AFLAC INC?
The current trend direction for AFLAC INC (AFL) is Bullish.
What is the RSI signal for AFL stock?
AFLAC INC (AFL) has an RSI value of 49.428. This indicates that the stock is currently neutral.
What is the MACD signal for AFL stock?
The MACD indicator for AFLAC INC (AFL) has a value of 0.0558468, indicating a bearish trend.
What is the short term momentum for AFL stock?
The short term momentum for AFLAC INC (AFL) is neutral.